1100-00 S 27th St, Philadelphia, PA 19146
Local realty services provided by:ERA OakCrest Realty, Inc.
1100-00 S 27th St,Philadelphia, PA 19146
$1,200,000
- 6 Beds
- - Baths
- 4,340 sq. ft.
- Multi-family
- Active
Listed by: ryan j mcmanus, olufisayo oluleye
Office: keller williams liberty place
MLS#:PAPH2593342
Source:BRIGHTMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$276.5
About this home
1100 S 27th Street is a prominent, turnkey corner multifamily asset positioned at the gateway to 19146—one of Philadelphia’s most consistently top-performing zip codes for both rental demand and residential sales. Immediate access to I-95, Washington Avenue, Center City, and University City, places it squarely within the city’s primary employment, education, and medical corridors. The surrounding area is undergoing tangible, large-scale transformation, supported by billions of dollars in active and planned institutional investment from CHOP, Penn, HUP, and the Pennovation ecosystem. The recently completed $48 million “Christian to Crescent” extension of the Schuylkill River Trail—featuring a striking 650-foot cable-stayed bridge—now directly connects Center City to Grays Ferry and is visible from the property, further enhancing long-term desirability and connectivity. Daily amenities and retail are immediately adjacent—including Fresh Grocer, Chase Bank, and neighborhood services— while the property remains walkable to Graduate Hospital, Point Breeze, Rittenhouse Square, and neighboring high-demand neighborhoods. In-place performance reflects strong market positioning, with average rents of $1.84/SF and $1,600 per unit, offering a clear runway for continued rent growth. Anchored by ±1,000 SF of ground-floor commercial space (plus basement storage), 1100 S 27th provides a durable income stream through long-term NNN tenancy with contractual rental escalations and extension options. The residential units are currently leased below market, representing approximately 12% loss-to-lease upside. The building features open-concept layouts, sun-filled interiors, and modern finishes throughout, including: Contemporary kitchens and sleek bathrooms, In-unit washer/dryers, LVP flooring and flush-mount lighting, High ceilings and efficient units. These features consistently command tenant attention and support durable leasing velocity — paired with low operating expenses, Full 10-Year Tax Abatement in Place (±7 years remaining). 1100 S 27th Street presents a rare opportunity to acquire a low-expense, tax-advantaged multifamily asset in a supply-constrained submarket with visible catalysts for continued appreciation and income growth....
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Home facts
- Year built:2023
- Listing ID #:PAPH2593342
- Added:15 day(s) ago
- Updated:March 28, 2026 at 01:37 PM
Rooms and interior
- Bedrooms:6
- Living area:4,340 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:2023
- Building area:4,340 sq. ft.
- Lot area:0.02 Acres
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$276.5
- Tax amount:$2,423 (2025)
Parking
- Parking description:Off Street
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